• (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610
  • (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610

27 Units Multifamily

Another Successful Funded Loan

  • $5,420,000
  • 5 Year Fixed @ 3.230%
  • C/O Refinance-61% LTV
  • 27 Units
  • Multifamily Property
  • Los Angeles, CA


Cash out Refinance to pay off a Private Lender. 


At the time the borrower came to us for this loan request the COVID pandemic had caused much concern with lenders and many were just not allowing for cash out in the early break period out of the COVID pandemic.


ALB was able to locate the right lender that allowed for enough cash out to pay off the high interest private money loan plus give some cash out to the borrower and all at a great rate & terms. When you have a tough deal it really helps when you are working with experts like the Loan Advisors at ALB Commercial capital.